The share of Russian gas consumed in Europe’s biggest economy dropped to about 20% this year from 55% in 2021, according to data from energy lobby group BDEW.
Russia has heavily reduced flows to the continent, hitting Germany more than most. The nation is increasingly turning to imports of liquefied natural gas to fill the supply gap. The first terminal for the fuel opened last weekend, one in five chartered by the government. Supplies from the Netherlands and Belgium have also helped reducing the share of Russian supplies, according to the data. At the same time, Germany has reduced its overall demand by almost 15%, mainly due to mild weather and the savings effects triggered by soaring prices. In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features.
How much did their prices increase?
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